Trump calls to ban Wall Street from buying homes, but industry insiders say the business model has already moved on

""I'm not concerned about it," said Todd Henderson, the head of real estate for the Americas at DWS, an investment firm that has purchased single-family rental homes."

""The fear is that large investors are buying single-family homes and that it's taking out of the sales pool and driving up the cost of housing - that's what is driving this discussion," Henderson said. "We're building this stuff and adding it to supply.""

""immediately taking steps to ban large institutional investors from buying more single-family homes.""

""People live in homes, not corporations," Trump wrote."

President Donald Trump announced plans to ban large institutional investors from buying single-family homes and wrote, "People live in homes, not corporations." The pledge rattled real-estate stocks. Industry figures and analysts questioned the assumption that large investors are directly removing inventory available to everyday homebuyers. Todd Henderson of DWS said he is not concerned and noted that many institutional firms now acquire newly built homes and add housing supply. Research from RBC observed that Invitation Homes has largely shifted to buying from homebuilders instead of on the MLS, reflecting a strategic change in acquisitions.

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